Insurance dispute resolution

Subcontractor default insurance (SDI) has been gaining in popularity among general contractors. SDI is insurance that covers certain losses related to a subcontractor’s material breach of a subcontract. Contractors favor SDI for several reasons, but primarily because it addresses subcontractor performance risk and potential loss of profits that result when they have to quickly step in ... … [Read more...] about OP-ED: The sureties strike back: the expedited dispute resolution bond

A lawsuit over the $500,000 life insurance policy of a St. Charles man who killed his twin daughters and wounded his estranged wife before turning the gun on himself in March 2017 has been settled. Days before his death, Randy Coffland changed beneficiaries on an insurance policy from 16-year-olds Brittany and Tiffany Coffland to be split between his brother, Russell Coffland of Concord, North Carolina, and a close friend, Terry Spurgeon, of Glendale Heights. Anjum Coffland sued in August 2017, arguing her estranged husband suffered from mental illness and was not of sound mind when he made the insurance change and that she should receive the money instead.At the time, Anjum's Coffland's attorney noted it would be an "uphill battle" to win the case, which after a year of court dates and continuances, appeared headed to trial later this year.But attorneys reached a settlement in late September that gives: $250,000 to Russell Coffland; $150,000 to Anjum Coffland and $100,000 to … [Read more...] about Settlement reached in insurance dispute after St. Charles man killed twins, self

A lawsuit over the $500,000 life insurance policy of a St. Charles man who killed his twin daughters and wounded his estranged wife before turning the gun on himself in March 2017 has been settled. Days before his death, Randy Coffland changed beneficiaries on an insurance policy from 16-year-olds Brittany and Tiffany Coffland to be split between his brother, Russell Coffland of Concord, North Carolina, and a close friend, Terry Spurgeon, of Glendale Heights. Anjum Coffland sued in August 2017, arguing her estranged husband suffered from mental illness and was not of sound mind when he made the insurance change and that she should receive the money instead.At the time, Anjum's Coffland's attorney noted it would be an "uphill battle" to win the case, which after a year of court dates and continuances, appeared headed to trial later this year.But attorneys reached a settlement in late September that gives: $250,000 to Russell Coffland; $150,000 to Anjum Coffland and $100,000 to … [Read more...] about Settlement in insurance dispute for St. Charles man who killed twins, self

Share This Story! Let friends in your social network know what you are reading about Facebook Email Twitter Google+ LinkedIn Pinterest As Peoria historical group dispute continues, museum remains closed Peoria's only museum will remain closed as two rivaling boards of the Peoria Arizona Historical Society take to court to settle their dispute. Sent! A link has been sent to your friend's email address. Posted! A link has been posted to your Facebook feed. Join the Conversation To find out more about Facebook commenting please read the Conversation Guidelines and FAQs Peoria historic properties Peoria is home to a number of historic buildings and homes that show its trajectory from the small settlement it was to the large city it is today. See what's listed on the National Historic Register, plus other homes and businesses of historical interest in Peoria. Tom Tingle/The Republic Peoria historic properties 10236 N. 83rd … [Read more...] about As Peoria historical group dispute continues, museum remains closed